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Franchise sales up 16.8% for Famous Brands
Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region. 19 Jun 2013 11:34
Food, beverage sales rise by 3.6%
Measured in nominal terms - or at current prices - total income generated by the food and beverages industry in South Africa increased by 3.6% in April compared with the previous year‚ data released by Statistics South Africa on Tuesday (18 June) showed. 19 Jun 2013 07:29
Officials to meet over Transnet tenders
[Nicky Smith] The Department of Trade and Industry has called for a meeting of top government officials after almost a year of tireless lobbying by specialised spring manufacturer Springmaster over the role state-owned Transnet Engineering (TE) has been playing in the rail engineering sector. 19 Jun 2013 07:45
Aspen's offer for GSK's thrombosis drugs
[Tamar Kahn] SA's biggest generic drug manufacturer Aspen Pharmacare has offered to buy GlaxoSmithKline's thrombosis drugs and their associated manufacturing site‚ in a potential deal which it says could generate turnover of £300m a year. 19 Jun 2013 08:59
Eskom can cut Billiton's power if it wants to
[Monde Maoto] Eskom has invoked its right to disrupt the power supply to BHP Billiton's aluminium smelters in the case of an emergency as demand by households showed signs it will exceed the state-owned utility's capacity to generate enough power this winter. 18 Jun 2013 09:08
Steel market doldrums hurt BSI
[Mark Allix] BSI Steel's headline earnings per share plummeted 51% in the year ended March 31 amid declining steel consumption in the South African market. 18 Jun 2013 07:14
Wholesale trade sales keep rising
Wholesale trade sales at constant (2012) prices increased by 7.2% year-on-year (y/y) in April compared with a revised 0.5% (0.7%) y/y decrease in March‚ Statistics SA (Stats SA) data showed on Thursday (13 June). 14 Jun 2013 07:36
Employers perturbed by labour ban
The National Employers Association of SA (Neasa) on Wednesday (12 June) added its voice to organisations opposing a total ban of labour brokers. 13 Jun 2013 08:54
SA needs 'decisive' leadership now
A decline of business confidence in the manufacturing sector adds credence to calls for decisive leadership‚ the Manufacturing Circle said on Wednesday (12 June). 13 Jun 2013 08:15
RBCT helps 4.3m tons of coal leave SA
[Helmo Preuss] Richards Bay Coal Terminal (RBCT) - one of the world's largest leading coal export terminals - saw a 6% year-on-year (y/y) fall in tonnage shipped to 4.3m tons (Mt) after a 20.6% y/y surge to 6.2Mt in April. 13 Jun 2013 07:37
Weak rand not all good for local manufacturers - Rabbie
According to some economists, as the rand weakens against the US dollar, the potential for local manufacturers to compete with imports grows. However, the situation is not that simple, says Lance Rabbie, financial director at Blue Strata, a South African integrated end-to-end import and working capital specialist. 13 Jun 2013 11:47
Investec both 'lender and investor' in farm
Construction of West Coast One, a 94MW wind farm near Cape Town, is expected to start as soon as the project's developers reach financial closure. 12 Jun 2013 11:32
Manufacturing up but stats may be distorted
Manufacturing production rose 7.0% year-on-year in April from a 2.2% year-on-year decline in March‚ data released by Statistics SA on Tuesday (11 June) revealed. 12 Jun 2013 08:09
Beneficiation can promote industrialisation, jobs
Beneficiation can promote industrialisation and boost job creation, Trade and Industry Minister Rob Davies says, and added that it would ensure that more value was added to domestic mineral products before exporting them. 12 Jun 2013 11:31
Fast foods popular and highly rated in SA
South African consumers like fast foods and they have given the retail outlets a customer satisfaction score of 79 out of 100‚ according to the South African Customer Satisfaction Index (SAcsi)‚ released on Monday, 10 June 2013. 11 Jun 2013 07:04
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